With mass unemployment on the rise, Florida, like other states, imposed a moratorium on evictions and foreclosures in place to prevent people from becoming homeless in the midst of a global pandemic. This moratorium ends on August 1st. Courts expect a tsunami of evictions and foreclosures, leaving no protections in place for many in our...Read More
The COVID-19 Pandemic Recovery Task Force has been tackling many important issues since its formation a couple months ago. The Task Force developed a whitepaper titled “Commercial Property Insurance Claims in Response to COVID-19.” This whitepaper provides an overview of business interruption insurance coverage in the wake of the COVID-19 pandemic. It covers the common...Read More
by Shirley Palumbo, Greenspoon Marder LLP There is a trend in bankruptcy courts across the nation of distinguishing between impairment resulting from a plan and impairment caused by statute. Depending on the interpretation given by the bankruptcy court, a post-petition interest rate in unsecured contract claims against solvent chapter 11 estates may restrict a creditor’s...Read More
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